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<br /> � ,ppear►�1 wl�ich�rl aac be�ea�oa�biy ar;d�heta. ff B«mwrr fa7sa m�ntaitt coras�t de�abtid al�we.Leuder m►y.�t• , .
<br /> , . tl�derl,option.ubtaiacov�e w pe!o�ec,ti I.ehd�r�s ri�ts in tbe m axacd�noe with p�rapaph 7.
<br /> . A11 ia�ancc policies aed mtcw�ls shtll bc sooe�uDk 4�[�n,�yacld s1�U ioclude s�rd rt�at�e;cWne.:i.etxlet: .
<br /> �- slt�li hay+�tbe ri j6E�hoW.the policies�d r`enow�s. i�t.aodeE oequites.�a�+ret�1!pm�uptly pve to i.ender aU raxipts
<br /> ..�P�P�st�d rcnewal eotkes. tn d�e eveat of loss.iior:owa alWl give pcompt ootice w the insw�nee carrier and
<br /> .L�ender. L.eMec map ro�e proof of bss if not made P�P�Y bY�!� • � �
<br /> Ueie�s Lendec�l&M�a odfe�wise�ee in wriW�g.insa�ce prooeeds sti�ll be�pplied to eestwat�a�a ar np�r of
<br /> • the property dam�ged.'if the Rstoration or rtp�ir�s ecao�ma4lty fas�bit aed Lendera sxiu�t�C'is nat t�sseened. ff the
<br /> ` � rataratiort ai iep�ir is rot ec�onomically feasibk a Lender's securiry�vonl�be lessabd,the i�tanc�p�oceeds slnil6e ' .
<br /> -- Npplied to t6e s�ms securc�bY this 5ecurity L�tnm�att,wlxtfner or hot d�ar du�with sny exst�s paid ta Bosrurre�.-If•- -- - �.--
<br /> Soaower abmdor�s the Property.a das twt acsNet vrithin 30 days a notiea irom'Lende�r th�t the iasm�nae c�rria ht4
<br /> olfot+ed to senia a ct�im.then l�der may collea the inwQance ptpceeds. LeMer may use the poceeds w�ir or nstvr�
<br /> the Ptopecty or to pm�y sums saured by tbis Saviity Insttument,whed�arnot then� 71ie 30day'period vwll begin wha�
<br /> u�e notioc is giv�n. . . .
<br /> Unkss I.ender aad Bormwe�adierYVise agree ia writin8��Y����P���P���s1nU not ex�end ar
<br /> Rvstpone the dae date of tbe month{Y WSmra�ts mfemd W in paragraphs!and 2 or diange the�rriount of th4 P�Y�-.�
<br /> w�der p�r�graph 21 the Ptopaty is xquited by I.ender.Bamwer's rigt�t to any insurance policies and prooeeds t�ewipng
<br /> fcom�e W the Propeety prior w the acqmsitian sf�aU pass'to Lender ro the excent of ttx swns secured by thia Secariry
<br /> lasnume�u iR���Y P�to tLe acqa�sfho�. .
<br /> �. OOC� Pfl� M�Elwi�C! !� Pf'alCIjOO O�1�!' PrOplKyi BOifONlt�B I.qO A�� . .
<br /> iRi�O�l. 80IIOVYCt S�OCCUp}I•CSt�111S�1.30d I15C ttiG Th'OpCRy aS BOfIbWCf S�1(tllCl�tC51dCIlCC Wlfl1�SIIILy/f�j15 BftGt
<br /> tbe execation of this Sxuriry Instnieienf and sitati coatinue to accupy the Pbnpe�ty as B+ocmwa's principal cesidence for u
<br /> . = la�st one ytat �t'ter tiu date of occupancy. unless Lender othenvisc ag�ees in svrIting, v�fiich ca�sent shafl not be
<br /> unrc,asonabiy vvittiheW,ar untess exteauating cueamstances exist which a�beyond Banawe�'s control. Basawer shall noc
<br /> dest�vy,dsmage or impair the Ptopaty.albw the Ptaperty to deteriorau,or commit waste on tbc PtoPe�tY. Bormwer sT�af l
<br /> � bt in defaalt if�ny forfeitute xtioa ar p�ocYOding,whelher civil or ctfmLwl.is begun ttut in I.ender�s gaod faith.judgment
<br /> caald tCSWt in forfeiture of the Ptopercy or othenrise mattrially impair ttie lien crsated�by this 5ocuriry Instrument or .
<br /> Lendec's secucity interest BoROwer may etu�e such a default and�einstate.as prbvided in paragrapl��18,by c�using the action
<br /> � � or p�uc+eeding to be dismissed with,a tuling tt�,in l.ender�good faitb detrnninat�on,pnxludes forfeiture of the Bomowerk
<br /> i�a�t in�he ptoperty or other material impairmert of the lien croated by this Sec�uiry Insttumtnt or Lender's securiry
<br /> intenest Boaawer sf�lf atso be in default if Borrower.,during thb loan application pcocess, gave materially false or .
<br /> _ — inacauate infarmatian or statements to Lender(or failed to pmvide Lender with ariy material infortnanon)in connection vvith ,
<br /> -- ' the loan evidenced by the Note.including.bat not limited to.repmsentations conceming Borrower� occuPancY of the
<br /> _-= as a ' ' residence. If this Securiry Iasuvment is_on a leasehotd,Borrawer shall comply with all the provisions
<br /> ----—-� �RY P�•
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<br /> - - _ - - - - af ttte k�se. �rower acquues fee titte Co st�e Prupe�ty.Q�e Iease�a:d aart�c.°_fee sitIe s�talt not me�e unless Lcadcr agree� _. _ . �- - ---
<br /> to the merger in writing. �
<br /> 7. protection ut Lender's Rights in the Property. If Borrower fails to perfarm the covenants and agrcements
<br /> contained in this Security lnstrumea�or there is a tegal proc�ding tha[may signifcantly afEect l.enders dghts in tht _
<br /> � ' PmpeRy(such as a proceeding in banksuptcy.probate.for condemnatton or farfe�ture or to enforce laws ar regularionsj.then _
<br /> "� • Lender may do and pay for whatever is neeessary to pratect the aalue of the P�+operty and Lender's rights in the Property. - --
<br /> `''��' Y P�Y� S Y Y P tY �' aP� g
<br /> ;- ' �t„_ � Lender's actions ma include n an sums secure�l b a liece v��sch hac riori over this Securi Instrument, ann �F-,,�_.--
<br /> '``"� � �� in court. a in reasonable attom c fees and enterin on the Pto to make airs.Althou l.ender ma take action "-- -
<br /> �r ��, p Y & eY•' S PertY reP � y �.=:=���
<br /> `�■`'�� �,':. under this paragraph 7.I.ender dces not have to do so. �°� --
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<br /> { ,.;;,. � � • - Any amounts disbursed by l.ender under thic�aragraph 7 shall become additional debt of Borrower secured by this .• - . _-_
<br /> •,�=,r' • Security Insmiment. Untess Borrower and[.ender agtee to other terms of paymen�these amountc shall bear interest from the , :_,�y-��_
<br /> ':`--r,-_ date of dis6ursement at the Note rate and shaU be payabte,with interest,upon notice from l.ender to Borrower requesting �. _:. ��
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<br /> ��;s...: PaYment: .. •?5;�:_.
<br /> s� ,s:���-'4sx' S, Mwtgage Iasarance. If Lender myuir2d cnottgage insurance�a condition of making the loan setund by ihis , _ , _�
<br /> ''`�� z�'' -' ' �£ �+ Security Instrumen�Bo?rower sha11 pay the premi�:?s required to maintain tttr�.nortgage insurance in effecK. If,for any '' -`--�
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<br /> �����:ri�F_;_.1: .�};,., ' ceason, the mortgage 'i��-.:rance coverage reyuired'by Lender lapxes or ceases to be in effect. Bortower shall pay the
<br /> �L��'r•;�_��,�,',•'��;;; premiums requi re d to o btain cover��:su bs t a n ti a l l y e q u i v a l e n t t c+t h e m o r t g a ge insurance previousl y io effect,at a rast
<br /> �-'�'�;�r••:-�'::�'•:. st t o B oaower of the mort a ��=�rancc reviousl y(n effect.from s�n altemate mortgage
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<br /> � t,. , .,d,�i,.�ti substantialty equivatent ta the co S� P.
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<br /> . y�,,,. �,,- insurer approved by L�der. If substantially eyuivalent mortgage^-wsurance coverage is no!available,Boaower shall pay to
<br /> ��"�s?°'�� �-:=: � Lender each month a�equal to one-twelfth of the yearly mortgage in�ura.^_se prcmium being paid by Barrower when the =-
<br /> _-���;;uy,;,.�� irisarance coverage Fap�d or ceaged to be in effec�. Lender will accept,use a::�c�ain these payments as a fc+cS reserve in lieu = � '- � ?
<br /> --- '=�.�; of mortgage insurance. Loss reserve payments may no langer be reyuired,a�:�e option of Lender,if tr�,�oage insurance �.��%
<br /> ��p.�,!���-;' •coverag���r the amount and for the period that Lender ieyuiret)provided by an insurer approved by Lender again becomes �,'�'�..... ',, , �'
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<br /> �s•s;;?,. availabre�!d is obtained.Borrower shail pay the premiums rcqu��d tn maintain mortgage insca�ce ia effect.or to prov,ide a �,�: , �`�._
<br /> — _=�'i'S�'��f�;�. � ' toss resetve.untii the requirement for martgage insurance er.dti ue accordance�vith any writter,a�reemen�between Borcower -4
<br /> ���-� '' ' and Lender or a I�ca'�:�:law. �
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<br /> •�,,�, •,., , 9. Inspectio� 13,eender or its agent may make reasonable entrics upon a*.d inspections of t3te P►'a�+. Lender shall
<br /> ___-_=-` f `give Borrower notice a:ti'�e time of or pnor toan inspection specifying reosonable csuse for the iu�pection. .
<br /> �--a�=== � 10. Condemmtion. The Qroceeds of any award or claim for damages,direct or con.se��ential,in connecdon with hny. . .
<br /> — Sing[c Famity••Faenk Madrreddk Mac UNIFURM i\S"fRUMEtiT--Unifmac 2ovenants 9/90 IpaRe 3 ojh�xrRrsl ;, ' .
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